This property might be a fair Mid-Term investment with a projected 0.31% first-year return on $141k initial cash invested.
0.31%
Cash On Cash
7.01%
Cap Rate
1.08
DSCR
$5,422
Rent
$37
Cashflow
Cash Flow
$5,422 income − $5,385 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$586k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$117k
Closing costs
1%
$5,859
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,422
Total Expenses
$5,385
Mortgage P&I
58%
$3,167
Property Taxes
3%
$169
Home Insurance
4%
$205
HOA
0%
$0
Property Management
12%
$651
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$596